South America Sesame Oil Market Outlook, 2028

Sesame oil has a unique cultural significance and culinary presence in South America, where it is primarily used in traditional and indigenous cuisines. In South America, sesame oil has a historical connection to indigenous cultures. Native communities in regions like Brazil and Central America have used sesame seeds and oil in their traditional dishes for centuries. South America is known for its diverse and flavorful cuisines, and sesame oil plays a role in several regional dishes. It is often used to enhance the taste and aroma of various foods, from soups and stews to sauces and desserts. Guatemalan cuisine features sesame oil in dishes like pepián, a traditional stew with a distinctive taste. Sesame oil is also used in various sauces and marinades in Guatemalan cooking. In some Caribbean nations, especially those with African culinary influences, sesame oil is used in recipes like callaloo, a popular leafy green dish. It contributes to the overall flavor profile. Peru, known for its fusion cuisine, has seen the integration of sesame oil into dishes that blend traditional Peruvian ingredients with Asian and European flavors. This fusion has led to unique culinary creations. South America's diverse population often leads to the availability of sesame oil in ethnic markets, catering to specific communities that incorporate sesame oil into their traditional recipes. As awareness of health and nutrition grows in South America, sesame oil is increasingly recognized for its nutritional benefits, including being a source of healthy fats, antioxidants, and vitamins. This has contributed to its appeal in the region. South America boasts a variety of sesame seed types, including white, black, and brown sesame seeds. These different seed varieties offer chefs and home cooks options for adding unique flavors and textures to their dishes. In South American street food culture, sesame oil may be used to season and add depth to various street snacks and dishes. It plays a role in street food vendors' culinary creativity. In some South American countries, artisanal production of sesame oil is appreciated for its authenticity and purity. Small-scale producers often adhere to traditional methods of extraction. As South America's culinary landscape continues to evolve, there is an increasing awareness of sesame oil's versatility and its potential to elevate both traditional and modern dishes. While traditionally overshadowed by other cooking oils like olive and sunflower oil, the South American sesame oil industry is making significant strides. South America boasts a rich tapestry of culinary traditions. According to the research report, “South America Sesame Oil Market Outlook, 2028” published by Bonafide Research, the market is anticipated to add over USD 120 Million market size from 2023 to 2028. As globalization has led to increased exposure to diverse cuisines, sesame oil has found its way into the kitchens of South American homes. Its unique nutty flavor complements a wide range of dishes, from traditional Latin American recipes to innovative fusion cuisine. With a growing awareness of the importance of healthy eating, South American consumers are actively seeking cooking oils that offer health benefits. Sesame oil, packed with antioxidants, essential fatty acids, and vitamins, aligns with this trend and is viewed as a nutritious choice. The region's climate and conditions are conducive to sesame cultivation, enabling local production. This not only supports the domestic industry but also contributes to the availability of high-quality, locally sourced sesame oil. Núñez de Prado is a well-established Argentinian producer of high-quality, extra virgin sesame oil. They emphasize traditional production methods to maintain the oil's purity and flavor. La Tienda is a Peruvian brand known for its commitment to organic and sustainable farming practices. They offer organic sesame oil, appealing to environmentally conscious consumers. The demand for sesame oil in South America is steadily increasing as consumers discover its versatility and health benefits. It is used in both traditional and fusion dishes, appealing to a wide range of culinary preferences. Sesame oil's potential health benefits, such as reducing cholesterol levels, promoting heart health, and providing nourishment for skin and hair, are driving its popularity among health-conscious consumers. Sesame oil has long been used in traditional South American cooking, particularly in countries like Argentina and Peru. Its cultural significance is being rediscovered and celebrated. The South American sesame oil industry is on a steady ascent, driven by culinary diversity, health consciousness, and a renewed appreciation for its cultural significance. As consumers across the region and beyond continue to explore the versatile and nutritious properties of sesame oil, the future of the South American sesame oil industry holds promise and potential. Key players in the market are well-positioned to capitalize on this growing demand, offering a diverse range of sesame oil products that cater to the evolving tastes of South American consumers. Sesame oil, once a hidden gem, is now shining brightly in the culinary landscape of South America.

The South America sesame oil market is segmented into major countries including Brazil, Argentina, Colombia and rest of South America. Sesame oil is deeply rooted in Brazilian cuisine, particularly in the northeastern region. It is a key ingredient in traditional dishes like acarajé, a deep-fried bean cake often served with shrimp and hot pepper sauce. In Salvador, Bahia, acarajé vendors, known as "baianas," are a cultural icon. They prepare acarajé using sesame oil for frying, giving the dish its distinctive flavor and aroma. These vendors often have secret recipes that include a unique blend of spices. Brazilian sesame oil is known for its unique flavor profile, which is influenced by the local sesame seed varieties grown in the region. The oil's nutty and slightly sweet taste adds depth to many dishes. In some parts of Brazil, sesame oil is also used in traditional medicine practices. It is believed to have digestive and therapeutic properties, and it is used for massages and as a skin moisturizer. Brazil produces its variety of sesame seeds, which are used to make high-quality sesame oil. These local seeds contribute to the authenticity and flavor of Brazilian sesame oil. Besides that, rest of South America segment is also expected to register significant market growth by the upcoming time frame. For instance, in Chile, sesame oil is not only a culinary staple but also a popular ingredient in natural cosmetics and skincare products due to its moisturizing and antioxidant properties. Chilean cuisine exhibits diverse cultural influences, including the use of sesame oil in dishes inspired by Asian and Middle Eastern culinary traditions. Peru is home to various types of sesame seeds, including white, black, and red varieties. These different seeds contribute to the country's culinary diversity and the types of sesame oil available. In Peru, sesame oil is often recognized for its potential health benefits and is used in traditional medicine practices for its digestive and antioxidant properties. The South America sesame oil market encompasses both conventional and organic varieties of sesame oil, catering to a diverse range of consumer preferences. Conventional sesame oil production often dominates the market due to its widespread cultivation and relatively lowers production costs compared to organic farming practices. Conventional sesame oil is readily available in most South American markets, including supermarkets, grocery stores, and online marketplaces. Its accessibility makes it a popular choice among consumers. Conventional sesame oil is typically more affordable than its organic counterpart, making it an attractive option for budget-conscious consumers and foodservice establishments. It is commonly used in both traditional and modern South American cuisines. It is a staple in many households and foodservice kitchens, contributing to the region's culinary diversity. However, organic sesame oil has gained popularity in South America as consumers increasingly prioritize health and wellness. It appeals to those seeking natural and chemical-free food products. Organic sesame oil is produced following strict organic farming practices, which include using organic seeds, avoiding synthetic pesticides and fertilizers, and adhering to certification standards. Organic sesame oil occupies a niche segment within the South American market, typically catering to health-conscious consumers, gourmet food enthusiasts, and those with environmental concerns. Organic sesame oil is generally priced higher than conventional sesame oil due to the costs associated with organic farming practices and certification. While organic sesame oil is increasingly available in health food stores, specialty markets, and select supermarkets, its availability may be limited compared to conventional sesame oil. Organic sesame oil is often chosen for its purity and authentic taste. It is favored for use in specialty and gourmet dishes, where the unique flavor and quality of the oil can shine. Beyond the culinary sector, organic sesame oil may find applications in the natural skincare and beauty industry, where it is used for its moisturizing and antioxidant properties. Sesame oil is valued for its moisturizing properties and antioxidant content. In the cosmetics and skincare industry, it is used in various products such as moisturizers, lotions, and sunscreens. As consumer awareness of natural and organic skincare products grows, the demand for sesame oil as an ingredient is on the rise. Sesame oil is recognized for its potential health benefits, including its high content of healthy fats, antioxidants, and vitamins. In the pharmaceutical and nutraceutical sectors, sesame oil is used in the production of dietary supplements and medicinal products, contributing to its industrial application growth. In some South American cultures, sesame oil has historical and cultural significance in traditional medicine practices. It is used for massage, as a skin moisturizer, and for oil pulling (a dental hygiene practice). The continued recognition of these traditional uses fuels the industrial application of sesame oil in wellness and healthcare products. While sesame oil is primarily associated with culinary applications, it is also used in the food processing industry. It may be an ingredient in packaged foods, condiments, and sauces, adding flavor and nutritional value to processed products. In some South American countries, including Argentina, sesame oil has been explored as a potential feedstock for biodiesel production. Research into sustainable and alternative sources of biofuels has contributed to the industrial application of sesame oil in the energy sector. Sesame oil's lubricating properties make it suitable for use in industrial applications, such as machinery lubricants and cutting fluids. The need for eco-friendly and biodegradable lubricants has led to the consideration of sesame oil as a viable option. The growing emphasis on sustainability and environmentally friendly practices has led some industries to explore sesame oil as a renewable and sustainable resource. This consideration aligns with the increasing demand for sustainable and eco-friendly products.

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Manmayi Raval

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The online distribution channel for sesame oil in South America is experiencing significant growth, driven by changing consumer behavior, digitalization, and increased e-commerce activities. South America has seen a rapid expansion of e-commerce platforms and online marketplaces. Major players like Amazon, MercadoLibre, and local e-commerce companies have made it easier for consumers to access a wide range of products, including sesame oil, with the click of a button. Online shopping offers convenience to consumers who can browse, compare prices, and place orders from the comfort of their homes or mobile devices. This convenience factor is a significant driver of online sesame oil sales. Online platforms provide consumers with access to a diverse selection of sesame oil products, including different brands, varieties (conventional, organic), and packaging sizes. This variety caters to a broad range of consumer preferences. E-commerce platforms offer various delivery options, including home delivery and click-and-collect services. This flexibility accommodates consumers with different preferences and delivery requirements. The COVID-19 pandemic has accelerated the adoption of online shopping as consumers seek contactless and safe purchasing options. Many shoppers have turned to online retailers for their sesame oil needs. Online distribution channels provide access to both global and local sesame oil brands, expanding consumers' choices and introducing them to new products they might not find in brick-and-mortar stores. Some online retailers offer subscription services for sesame oil, allowing consumers to receive regular deliveries of their preferred product, promoting loyalty and convenience. MercadoLibre: One of the largest e-commerce platforms in South America, often referred to as the "eBay of Latin America," offers a wide range of products, including sesame oil. Amazon's presence in Brazil provides consumers with access to various sesame oil brands and varieties. Also, Carrefour, a multinational retail chain, offers online shopping services in South America, featuring a selection of food products, including sesame oil. Trade Shows & Events: •Fispal Food Service is one of the largest foodservice trade shows in South America, held in São Paulo, Brazil. It focuses on foodservice and hospitality, making it a relevant platform for sesame oil suppliers and foodservice professionals. •Held in Bogotá, Colombia, Alimentec is a comprehensive food and beverage trade fair that attracts professionals from across South America. It covers various aspects of the food industry, including cooking ingredients like sesame oil. •SIAL is a global network of food events, and SIAL Brazil, held in São Paulo, is a significant platform for food industry players. It showcases a wide range of food products, including sesame oil, and promotes international business connections. Considered in this report •Geography: South America •Historic year: 2017 •Base year: 2022 •Estimated year: 2023 •Forecast year: 2028

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Aspects covered in this report •South America Sesame Oil with its value and forecast along with its segments •Country-wise Sesame Oil market analysis •Various drivers and challenges •On-going trends and developments •Top profiled companies •Strategic recommendation Countries covered in the report •Brazil •Argentina •Colombia By Nature: •Conventional •Organic By End-User: •Household •Industrial •Food Service By Distribution Channel: •Convenience store •Hypermarket/Supermarket •Direct Sales •Others •Online The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations and organizations related to the Sesame Oil industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.